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on a deficit-reduction program. >> a strange proposal in the first place. even stranger is being put in place. secretary nicolson indicated, the impact will be immediate and significant. >> romney cited lost of 130,000 jobs in virginia. >> my opponent has a plan. there's one thing missing from it -- arithmetic. >> the president portrayed romney as out of touch with the middle class. >> my opponent thinks it's fair for someone who makes $20 million a year, like him, pays a lower rate than a cop or a teacher who makes $50,000. >> both campaigns are out with new ads. romney is targeting working class voters. >> obama wages war on coal while we lose jobs to tie. >> obama shows veterans and working-class americans the secret comments robbie made about 47% of americans. absentee voting is already underway in virginia. early voting began today in iowa and it is already under way and some other key swing states. >> passengers of a united airlines flight use the belts to hold out another passenger who had an outburst during the cross-country flight. this is cellphone video shot on board the plane trav
total deficit for september. the newmont promises a couple of showers in the first few days -- the new month promises a couple of shoppers and the first few days. -- of showers in the the first few days. we will pick up some of that rain shower activity beginning tonight. at the airport today, zero in the rain gauge. the monthly total for september -- there you go. 2.21 inches for september. we have less than 25 inches total. some early october shai worse or a little bit of good news. -- showers " are a little bit of good news. 72 is the average. cloudy skies continue through the evening. the rainfall may be a little bit steadier into the morning tomorrow. clouds and showers are forecast tonight, a mild temperatures, a 55-62. an area of low pressure came out of the gulf. we will go up into kentucky, parts of western ohio and the great lakes. john a warm front of the eastern seaboard keeping our temperatures above normal. even with clouds and showers, temperature should be at or above tomorrow -- normal tomorrow. the rainshowers chances are tapering off on wednesday. for thursday, and m
the deficit. you've got to stop spending more money than we take in. and finally, champion small business. have tax policies, regulations, and healthcare policies that help small business. we put those in place; we'll add twelve million new jobs in four years. i'm mitt romney and i approve this message.
open up new markkets. next, we've got to balance the budget you've got to cut the deficit. you've got to stop spending more money than we take in. and finally champion small business. have tax policies, regulations, and healthcare policies that help small business. we put those in place; we'll add twelve million new jobobs in four years. i'm mitt romney and i approve this message.
commonwealth's deficit into a surplus.("state of the commonwealth address" from the pbssnewshour youtube clip) 2:04--2::3 "byyworking together, we've eliminated 6 billion dollaas in budget shorttalls, not by raising ttxes, but reforming government and reducingg spending."(video clip with while singing virginia's d praises -- mcdonell made music with this commeecial -- (natsound of music) featuring blues music and headlines about o'malley's tax record. using maryland innaa odd way , as a whipping boy, saying look - i'm not raising taxes. here's what my state is oing" in many ways their fight - is ammrica's fight.... basu: 11:32:38 "the debate betwwen maryland and virginia with respect to the aappopriate roleeof government, the appropriate level of taxation and government spending, ii precisely the same debate that we see at the national level between barack obama and the democrats and mitt romney and the rrpublicans."adding fuel to the feuddis speculatioo candidates for president one they're both gonna make an effort in 2016."melinda roeder - fox 45 news at ten. ironically - o'malleyyis cha
, and the budget deficit. for obama he holds the advantage on domestic issues, education, medicare, taxes, immigration and health care. these noneconomic issues are the first topics up for debate wednesday night. voters will be judging the candidates personal qualities. obama's favoritability rating
... tuition in half and... americans can afford it. reduce our deficit by... next decade, on top of the... already cut. little more. afghanistan... pay down our debt and... nation-building... right here at home. patriotism, rooted in the... begins with a strong... thriving middle class. read my plan. and decide for yourself. thanks for listening. this message. >>> we are celebrating international socky week. to celebrate this restaurant located in baltimore has sensitive any with an array of beverages so that we can get into it. i too, like it. what are you going to prepare today? >> what i'm going to do is find a couple that would be perfect for you. that's sort of what our restaurant is tailored to. we have 102 lists. >> i like sour martinis. >> knowing you like apple martinis and vodka and a little citrus, i would start with this. it's by a brewery -- [indiscernible] it's the second highest quality level for sockeye. you taste a little more alcohol on the second sip. >> i am in favor of everyone drinking. you're also a champagne lover. >> i love champagne. >> this is a very special s
getting a handle on the deficit. also president obama has been hammering away at romney's tax plan arguing it will add to the deficit. romney has called for cutting all tax rates by 20%. he also wants to eliminate taxes on capital gains and dividends for families who make less than $200,000. there was an independent analysis done by the nonpartisan tax policy center and it did find that romney's plan would drop tax revenues by $5 trillion. but romney has promised he won't add to the deficit because he'll pay for any tax cuts by limiting deductions for taxpayers especially the wealthy. so this isn't really a major break from what he said before. he's just kind of shifting the emphasis, playing up a different part of his plan. >> so deductions. what deductions would mr. romney limit? >> now, that is the $5 trillion question. we tonigdon't know. he has hinted he may scale back the mortgage deduction for wealthy homeowners. think about how many tax deductions are out there. charitable giving, he state and local taxes. it won't be politically easy to scrap any of them because they're popular. s
-- a little bit of a deficit for the month of december. it is looking promising. semin to degrees. that is average for the day. 48 for the menlo -- for the morning low. probably will not see temperatures cooling off much at all. i think it will be rain around for the morning rush hour. 55 in the coolest burster is 62 in a downtown bar to more -- 62 in downtown baltimore. even though we will see clouds and showers for tuesday and parts of wednesday, temperatures will continue to be above normal. wednesday, a few isolated showers. expected to stay mainly cloudy. thursday and friday, some sun. tomorrow, 73-78. in light southeast wind. showers are likely. western maryland, temperatures will stay in the 60's for a couple days. showers are likely to mark. 80% chance. that the minister is as we get further into the week. eastern shore, rain likely to mark. off and on. fog also in the morning. temperatures warm to 79 on the eastern shore. clearing a lid on wednesday. -- a little on wednesday. day. low 80's on thursday and friday. the the the temperature drop by sunday and monday. high tem
bowles are key candidates. they could play a major role in deficit talks with congress. bowles chaired the white house deficit commission in 2010. >>> in other news, general motors is recalling more than 40,000 vehicles sold in warm weather states because of potential fuel leaks. it affects chevy cobalt and pontiac g5 sedans and chevy equinox, pontiac torrent, and saturn ion from 2007. it could crack the fuel pump, causing it to leak and cause a fire. gm has no reports of fires or injuries. back over to you. >> seema, thanks. >>> robert griffin iii ran for 323 yards and ran for another 43. tampa bay clawed their way back and led by a point with less than two minutes left, but redskins kicker billy cundiff, who missed three field goals later in the game proves to be the hero in this one. he nailed a 41-yard field goal with no time left to win it for washington. >> it was a great play for him. he redeemed himself with that kick to help us win the game. we all have things we have to get better at. for him, it was a good confidence kick for him, seeing that he didn't make the rest of them
want bigger government, more intrusive government, trillion dollar deficits as far as the eye can see will vote for him. those who believe we should encourage economic growth, support small business, and create more jobs will vote for me. >> that first debate will take place wednesday night in denver. >>> president obama will stay here in the district today. he has three campaign events scheduled in d.c. the president also campaigned yesterday in virginia. he was 200 miles from romney in virginia beach. >>> the nfl referees are back on the job. the regular refs received a standing ovation when we took the field before last night's ravens-bengals game in baltimore. the honeymoon was short-lived, as you might imagine. the crowd quickly booed when the hometown ravens were called for an unsportsmanlike penalty. this was the first game since the nfl and players union reached a tentative agreement on a new labor contract. nfl commissioner roger goodell apologized to fans for the lockout. >> we're sorry to bring our fans through that, sorry to bring the general public through that. that's, u
of spending cuts or deshl resources to meet its 2013 deficit target. and fitch is lowering its 2012 growth forecasts both for china and india. citing deteriorating outlook of the global economy. so not a great way to start the morning. >> no, not great, but i like seeing what we did -- i saw ge and i was going to tell whoever thinks that we need to kiss up to them still -- >> minority partner. >> they are. but comcast would have been a better -- or we could have done both. and did i see something that it had first quarter, second quarter, third quarter? what do i need in the fourth quarter to get to the 30%? do we hahave that anymore? is that gone? no, they don't have it. >> i saw the dow, s&p and nasdaq. >> what did it add up to? adds up to like 15 or so. >> i just saw for this quarter. >> oh, it didn't show first quarter, second quarter -- >> no. >> there are corporate headlines. people started getting plaq blackberries? >> they beat expectations. >> they lost money, they beat expectations. >> but they added subscribers. >> subscribers in developed countries. the point is a developing --
about the economy, talking about the deficit, talking about four years of president obama would be detrimental to the country. it's pretty plain and simple. president obama and republican nominee mitt romney are laying low today because they're getting ready to prepare for the debate, so it's the number 2s on the campaign trail. right behind me here, here's paul ryan stumping here in new hampshire, a crucial battleground state. when he's done here, he goes to ohio later today. another very big important battleground state. and that's the whole idea here, as the president and mitt romney get ready for the debate. paul ryan and vice president joe biden are on the campaign trail. specific new hampshire. the race here is kind of close. the most recent poll shows president obama with a five-point advantage over mitt romney. definitely a very close contest here in new hampshire. this is a state that may not know paul ryan very well, but knows mitt romney very well, who was governor of neighboring massachusetts. he owns a vacation home here in new hampshire. spends a lot of time in thi
is telling france hey, you got to get that budget deficit under control, big budget deficit is verboten the socialist president of france, francois hollande, tax the rich, not so rich, capital gains, profits, you name it, there will be a big new tax. on upper end of income every dollar over a certain level the french government will take 75 cents. rip it right out of your hand. 75 cents on the dollar. more than $200,000, they take 45 cents on the dollar, almost half. bill, this is a massive gamble because france's economy is dead flat, teetering on recession. 10-year high for unemployment and france puts in place huge tax increases. bill: i'm reading the two measures bringing around half a billion euros. >> that's it. >> what will that do for them? >> not much. there are other taxes as well which will bring in a total they think of 20 billion euros. bill: higher tax rates on dividends? >> dividends, capital gains, dividends, profits, reinvestment of capital, interest you name it. bill: here is a query for you. are they cutting spending at all? >> by about $10 billion euros. $20 billion
backtracking? >> i think he's trying to put the emphasis on deficit reduction because many' probably, guessing, i haven't seen it, in the polling probably concerning people more than anything else. as long as people can feel, i'm not going to get a tax increase, might think he's producing about as much enthusiasm as optimism as he needs to produce to get our economy going. stuart: i'm reading between the lines, you don't care for that. >> i'm a big tax cutter, cut taxes 23 times as mayor, 3 billion. it worked for me. i cut the hotel tax, collected more from the lower tax than the higher tax, i'm convinced if you got rid of the sales tax in new york you'd see another 500,000 jobs here. you'd make it up in income tax what you lose in sales tax. stuart: is governor romney then responding to the attacks from the obama camp that say you just want to cut taxes for the rich and that attack line is working? so governor romney pulls back and says, oh, we're not going to cut taxes as much-- >> i suspect it has more to do with internal polls and people worried about the deficit and wants to show he's ser
. expected to include deep public service cut yakz trying to off set one of the worst deficits in the euro zone. outrage over austerity measures touched off violent protests in several countries fleent days across europe. let's take an early look at the markets as we get all up in your business this morning. karen cho is live in london. good morning. >> good morning. the key question for markets is when spain will request a formal bailout which puts a lot of pressure on today's news conference. we get a close look at the 2013 budget. what revenue and spending is going to look like? you mentioned froests on the streets. this tells you how difficult it at home for the prime minister to push through further austerity. there will be more austerity and more on the table today. the spanish prime minister tries to push the measure that these are homespun, homegrown reforms rather than ones pressured about it euro zone. in terms of what to expect, should be a new tax oversight body. we'll hear news about that today. limitations on early retirement. we're seeing that across the euro zone. retiremen
in virginia told veterans the nation's debt is more than just numbers on paper. >> trillion dollar deficits. that debt is owned by somebody. someone holds that. that puts america in a position of economic risk. >> reporter: but even supporters are split on how romney can win this race. >> there is more fire in the belly. >> he needs to stick with the facts. it's all about the economy. >> reporter: more than half the country already started voting days before the first presidential debate. more numbers now. gallup is reporting the president's approval rating is sticking at 50%. and this could turn out to be his best month in a year. >> tracie potts for us in washington. thank you. >>> last night on the rachel madow show bill burton talked to racel about the impact or lack thereof super packs are having on the romney campaign. >> on the republican side, the story they tell about mitt romney is there is no story about mitt romney. the story they tell about barack obama is well he's always bad things. if you're trying to figure out well what is it that -- what's the strategy here? how are we tr
measures to reduce its deficit, one of the worst in the eurozone. the dow closed 72 points higher thursday while the nasdaq was up 42 points. >>> american airlines says it will take its pilots union to court unless the union ends its job action. american has had a surge of canceled or late flights since the beginning of the month. the pilots union says there is no sickout or slowdown but the union is angry over the company's decision to use bankruptcy protection to impose new work and pay rules. >>> goldman sachs will pay about $12 million to settle civil charges in a so-called pay-to-play scheme. the securities and exchange commission said a goldman executive allegedly provided campaign services to a candidate running for governor of massachusetts in 2010. in return, the company wanted to win the state's lucrative bond business. goldman settled without admitting or denying those charges. >>> and facebook is thinking big by thinking small. the social media site started a new feature that allows users to send small gifts to friends such as a coffee or a pastry. most of facebook's revenue co
cutting the deficit to 6.8 inches. to the north and west of us, northern virginia. a record for them. montgomery county is soaked. no. baltimore, harford county, a good soaking. again, a few inches in those locations. meek could see temperatures climb a little bit this evening and a warm front is on the way coming up from the south. the warmer air with the front could invade maryland as we go through the evening so it's possible we have not seen the highs of the day just yet. once the temperature rise stops, we will probably be in the mid 60's. if you spotty showers and maybe some dense fog. we may see a love of a temperature difference which will produce widespread dense fog as this makes its way through. over the weekend, big changes. it still feels like summer time. low 80's tomorrow and an isolated storms sounding like a summer forecast. when will be light out of the south. there could be an isolated storm popping up in parts of the bay. remember that tropical storm? still in the season until december. tracking across the atlantic doing loops. this are of cloud could become tropi
will talk about his. those who believe they want bigger government, more intrusive government, deficits as far as the eye can see will vote for him. those who think we should encourage economic growth, promote small business, and create more jobs will vote for me. >> the first debate will take place next wednesday night in denver. >>> president obama is urging patients when it comes to this country's economic recovery. he spoke of what he calls an economic patriotism during a rally yesterday in virginia beach. >> an economic patriotism rooted in the belief that growing our economy begins with a strong and thriving middle class. i won't pretend that getting there is easy. the truth is it's going to take a few more years to solve challenges that were building up over decades, but i want everybody here to understand our problems can be solved. our challenges will be met. >> the president will hold campaign events here in washington. >>> pick up the pace. that's d.c. council mayor marion berry's demand to council members investigating the 2010 campaign of vincent gray. he also accused prose
believe we want bigger government, more intrusive government, trillion dollar deficits as far as the eye can see will vote for him. those who believe we should encourage economic growth, support small business, and create more jobs will vote for me. >> that first debate will take place next wednesday night in denver. >>> president obama is urging patience when it comes to this country's economic recovery. he spoke of what he calls an economic patriotism during a rally yesterday in virginia beach. >> an economic patriotism rooted in the belief that growing our economy belongs with a strong and thriving middle class. i won't pretend that getting there is easy. the truth is it's going to take a few more years to solve challenges that we're building up over decades. but i want everybody here to understand our problems can be solved. our challenges will be met. >> the president will hold a campaign event today here in washington. >>> one person is dead after a wrong way crash in stafford, virginia. the accident happened around 4:30 yesterday along route 17 near stafford lakes parkway. police
. they include reducing the deficit about4 trillion over ten years, an overhaul of the tax code, and changes to medicare and social security. now, if congress can't avoid that cliff, it also means an end to several tax cuts and a huge boost in the action at thats you will pay. the nonpartisan tax policy center estimates the average household will pay $3,500 more in taxes. the two policies which impact the average american the most are payroll taxes and the bush era tax cuts. democrats have already said they will not accept a deal unless tax cuts to americans making more than $250,000 a year are allowed to expire. >>> 5:06. 64 degrees. the phone wars between apple and samsung takes another nasty turn. >>> also ahead, crossing the line. the incident that has one police officer in hot water this morning. "and what's your name?" "oh, it's flo." "and what do you do?" "oh, i sell insurance like no one else." "oh, that's nice." "thank you." now, that's progressive. call or click today. >>> welcome back apparently, looking at photos and videos of cute, fuzzy baby animals can help improve your produc
is firing back as in, hey, a humongous deficit is not patriotic. >> this is a land where economic freedom has allowed people to pursue their dreams and in doing so and achieving success, they lift us as a nation, they give us jobs, i will not apologize for success here and i will never apologize for america abroad. >> how's that for economic patriotism, whatever that is? so the talk back question for you this morning, is there such a thing as economic patriotism, facebook.com/carolcnn, your responses later this hour. >>> when we think of bounties in football now we think of the new orleans saints. saints' head coach, sean payton is on the golf course instead of the football field this season after the nfl suspended him for his role in bountygate. a former assistant of another team says his players were offered cash for big hits on opponents. these weren't nfl players. they were 10 year-olds. here's casey wian. >> reporter: the 2011 red cobra's pop warner football team went undefeated in the regular season. >> this was a team that knew it was on the verge of greatness and indeed went to th
'm looking forward to working with republicans to reduce our deficit, but i refuse to ask middle class families to give up their deductions for owning a home or raising their kids just to pay for another millionaire's tax cut. we're not going to do that. >> romney has a lot of ground to make up in ohio. he trails the president by ten points in a new poll of ohio voters. >>> 15 before the hour now. we're learning about a security scare that took place while the president was campaigning in ohio earlier this mom. federal agents detained a man who they say ran through a roadblock while carrying several weapons. that incident happened in covington, kentucky. president obama's motorcade passed through that town on the way to cincinnati. the government says the man is in custody and he has a criminal record and had been declared mentally ill in the past. >>> a virginia community is pulling together after a family's murder-suicide in herndon. friends, co-workers and classmates attended a memorial at the family's church last night. police say 57-year-old albert peterson shot and killed his wif
are running a deficit for the month. 6.78 inches below normal. that could change beginning tomorrow. some sprinkles and light showers will push baltimore and the potential was there to pick up a few scattered showers. but it won't be as cool tonight and the southerly breeze will keep the temperature up. look for lows in the '50s. a light south wind at 5 miles an hour and for the first time this fall, the sun goes down before 7:00. high pressure off the coast, now to floods, our way. one is working up into the ohio valley. they will merge, consolidate, and become one almost stationary front in the mid-atlantic. with these two fronts, the risk of the shower lenders. a risk of a shower in our forecast for several days beginning late tonight and tomorrow. there could be a little thunder as the temperature is warm to around 80 degrees. the winds are fairly brisk, gusting to 20 knots. a small craft advisory is in effect tomorrow. the tropics have been quiet for several days now. weeks, really. this tropical storm nadine. she developed two weeks ago. the store has been wandering around the atlan
shhunk pore quickly there."but mcdonnell's fforts have ssccessfflly ttrnnd tte commonwealth's deficit nto a surplus.("state of the commonwealth address" from the pbs newshour youtube clip) &p2:04--2:133"by working toggther, we've eliminatee 6 billion dollars in budget phortfalls, not by raising taxes, but reforming government and reducing republican commercial) and while singing virginia's praises -- mcdonell made muuic with this commercial -- (natsound offmusic) featuring bbues music and headlines about o'malley's tax record. dedie: 15520::5 "in many ways, using marylanddin an odd way assa whipping boy, saying look - i'm not raising taxes. here'' what my tate is going" in many ways their fight - is america's fight.... basu: 10:32:38 "the debate between respect to the appropriite aapropriate level of taxation precisely the sameedebate that between barack obamm and the democrats and mitt romney and the republicans."adding fuel to the feud is speculation that oth men could e candidates for president one they're both gonna make an - ox 45 news at ten.da roeder - ironically - o'mal
trillion dollar deficit. [interview with michael tanner] sott 13:11:30 ""t really is functionallyyvery much like a ponzi schemm." trt=:033anner is with the cato iistitute and he's consiiered one of the foremost experts on social securitt. [sot in tanner]sot in 13:06:15 "you either bring ii more money which means you raise taxee. you send out less monee, which means you cut benefits or ou make beeter use oo the money in the system byyinvesting it privately."trt=:11in tanner's view, the best option for saving social security -- turn system.ccarence davis depends on his social security check to pay for life's necessities. he's annered by the way some politicians now ttlk about it -- as if it was some governmentt'freebie' given to people.[sot in clarence davis] sot inn6:55 "this is sometting that bothers many of us whee we hear the government talking about etitllment programss these arr proogams that we paid ouu hard earnnd money into."trt=09[video either po presidential candidate mitt romneyy avors means testing as the savior... with wealthy workers getting less han they give, eveeyon
predecessor. the david letterman interview that president obama gave last week on the debt and deficits was a veritable panoply of things that were at least misleading, and often just flat-out untrue. i think the president didn't get called on it. there were many more misleading statements in the 10 minute interview that president obama gave david letterman than anything in paul ryan's speech which as we saw led to the this explosion of fact-checking. bill: don't all politicians kind of take the truth and bend it a little bit, stretch it out for their own advantage? >> yes. that is an understatement. they do it all the time. everybody on all sides does it. and i think, you know, to a certain extent the romney campaign has to be a little careful not caught up in just being fact checkers, but at the same time calling the president out on his excesses. when he is say things about governor romney that aren't true. bill: rove takes it a step further because he writes about serial dishonesty. that is the phrase he uses in his piece. how do you think romney has responded to date? >> i think th
direction. >> so i'm looking forward to working with republicans to reduce our deficit, but i refuse to ask middle class families to give up their deductions for owning a home or raising their kids just to pay for another millionaire's tax cut. we're notoing to do that. >> mitt romney seems to have a lot of ground to make up in ohio. he trails the president by ten points in a new poll of ohio voters. >>> we're learning about a frightening incident that took place while the president was campaigning in ohio earlier this month. federal agents detained a man whom they say ran through a roadblock while carrying several weapons. the incident happened in covington, kentucky. his motorcade passed through on the way to cincinnati. the government says the man in custody has a lengthy criminal record and had been declared mentally nil the past. >>> montgomery county police investigating a shooting in gaithersburg. chopper 4 flew above the scene. the shooting happened about 10:00. police say the man was shot several times, then walked to a nearby cvs and collapsed. at last check, the victim was still
did something. lazer focused on independents. they are more focused on the deficit. he did with the message. i am cutting taxings. but i am going to peel back deductions and not cutting back so much. that is getting to the deficit. if you cut back in too much in taxes the deficit will not get touched. he's trying to get the independents. and they said the crowd was overwhelming close to 4,000 >> steve: we would like you to e-mail us. do you think what the gop polster thinks there is it a media polling bias to stack the deck for the democrats or it is it. new york times cbs poll had mr. obama up by 10 points and local paper. columbus dispatch had him up by 5. and there in ohio. what does the governor think ohiians need from mr. romney? >> i think what romney needs to do. does he understand their problems. when he's out there he touches them. he has to touch as many people as he can and he has to keep coming back. he has to talk about policies and not people. it is it about lower tax less government and economic growth that landlords to jobs. only thing that matters is yobs a
, a trade that works for america, deficit reducti reduction, and being a champion for small business, which is not what the president has done. and as we get in the debates it will be critical to show the contrast between governor romney and the president. the good thing is wasserman schultz down played the president's expectations as expected by the democrats, but he is the gifted speaker. the problem is, he does not have the gift of a positive record to run on. the economy is in the toilet and t current news we have on informed policy is troubling. the administration knew this was a terrorist attack within the first 24 hours yet they continue to say this is the result of a video in a movie trailer, put ambassador rice out there being extremely dishonest with the american people. that's troubling. and those troops will come out in the debates. >> alice, we've gone to war with countries saying they were responsible for nerch when they really weren't. i'm talking about iraq. give the white house a little leeway here on figuring out exactly what's what to go with the facts. thursday power pan
afford it. reduce our deficit by... next decade, on top of the... already cut. little more. afghanistan... pay down our debt and... nation-building... right here at home. patriotism, rooted in the... begins with a strong... thriving middle class. read my plan. and decide for yourself. thanks for listening. this message. >>> if you look at it hard enough, you can find some strange sites on google map street view. a woman used street view for directions to jacksonville, texas and she found what you see right there, that thing right there whatever it is. she thinks it's a ufo. of course, it could just be sun glare maybe. a similar image can reportedly be found near a casino in new mexico. both are near a mcdonald's. it's a big mac. >> i've got jesus in an oil stain in my driveway. still ahead -- >> do you really because that's a new story? >> no, i don't. >>> still ahead how a unique website turned a struggling 1st grade teacher into a big time millionaire. >> plus a man who calls himself an agent of the holy spirit says he has good reason to steal the documents from the pope. his trial st
providing cures for debilitating diseases. that's not a recipe for growth and we can reduce our deficit, including making some smart decisions on medicare in particular, where we're focused on lowering health care costs by reforming how health care is delivered but we don't need to be voucherizing the system to dump those costs on to seniors because, frankly, they can't afford it right now. >> pelley: there is a lot of rhetoric about medicare. what do you intend to do? >> well, i don't want any change to medicare for current seniors or for those that are nearing retirement. so the plan stays exactly same. >> pelley: make sure i understand. the idea under your plan for future seniors would be that the federal government would write that senior a check, essentially and say "now, you can go buy a private insurance plan or you can buy medicare from the federal government"? >> s that essentially it? >> that's essentially it. people would have a choice of either traditional government-run fee-for-service medicare or a private plan which has to offer the same benefits. it can't be skinnyed dow
the deficit. the ratings agency fitch said today uncertainty about u.s. fiscal policy is the single biggest near-term threat to the global recovery. when you see washington act the way it's been acting, does it make you more cautious? >> of course. >> reporter: bayard winthrop launched american giant, a new men's clothing business in san francisco this year. but the indecision in washington, he says, is holding him back. >> it doesn't breed a lot of optimism. so we're hiring, but we're not hiring as aggressively as i think we would b if i had real confidence that we were on a pathway towards growth nationally. >> reporter: so in effect, washington is undermining the economy. >> i think that the lack of substantial and positive debate is undermining the economy. >> reporter: one piece of good news today, weekly first-time unemployment claims dropped to a two-month low. and the labor department says the economy actually added nearly 400,000 more jobs over the past year than originally estimated. >> pelley: well, anthony, there's still about 12.5 million people who are unemployed. what does a
to create are manufacturing jobs, promote u.s.-made energy and train workers and reduce the deficit. voters in ohio liked the message the president delivered on jobs there yesterday. polls show mr. obama widening his lead in the state. mitt romney also in the buckeye state telling audiences he cares about the people of america. romney acknowledging that some of the polls show him behind president obama. but he pointed to the first presidential debate less than a week from now as a potential turning point in the race. >>> in new york it was a rough ride for nearly 200 people aboard a brazilian jetliner from rio. they were bracing for a crash landing at kennedy airport because the landing gear was stuck sideways. you can see it there. the pilot circled twice before touching down. the nose gear seemed to miraculously straighten itself out just before the plane hit the tarmac. thankfully no one was injured. but some anxious moments aboard that plane. >>> airlines across the country are raking in big profits from what used to be a free service. they're pocketing billions of dollars in baggage fe
.s. and europe is we have a current account deficit in the u.s. if and when the bond tells us to get our act together, we are most vulnerable, in particular the dollar is most vulnerable and then yes we will act. but then it is going to be just as painful. connell: forced to act, money keeps coming in here rates couldn't be any lower than they are right now as the money floods into the united states as opposed to going out of it. the point is you don't see an october surprise, something out of europe that really upsets is blows up and becomes a big issue for our election? >> well, we we have a chronic condition in europe, you can consider it hurry up and wait or groundhog day. the euro is around 1.28. it is not at parity. so the market is getting used to it. the reason the market is getting used to it is because the head of the european central bank has imposed a process under the euro zone, it is a messy process, but we have to think about what standard do we hold politicians up to and policymakers and we have a mess in the u.s., in the u.k., in japan, in the euro zone. the euro is just bec
not the cause of our budget deficit. host: one more question from twitter. what social changes would you recommend for the security council, i would recommend indefinite veto powers. guest: the difficulty is as secretary hul statel in 1944 when of setting up the united nations, the united states would not stay in the united nations for a second about the veto power in the security council. it is the price of having great powers to agree to a universal body and be an organ for international peace and security. they have to defend their fundamental interest. it is simply the price. i do think that tweaking the membership of the security council to reflect the rise of a number of large powers is something that the security council is finally going to have to get serious about. permanent membership has not changed since 1945. big countries, particularly india but also brazil and others, remain outside. that is not an indefinite glidepath we can live with. host: thank you for your time. guest: thank you, greta. host: we will sit switch topics and discuss the legal challenge to the president's
the fiscal cliff actually resulting in a 4% deficit reduction. this is something that is very, very serious. >> reporter: she sees her job as more than just euros and dollars lending her considerable cashe to honor democracy activist aung san suu kyi and she sees herself helping generations to come. >> it's given me a difficult responsibility because i know that a lot of women, younger women, but also sometimes much more senior women, will be at me and say we can do it. she can do it, so we can do it. >> reporter: she has four years left in her term, trying to keep the world safe from default, but already she's being talked about as a future first woman president of france. >> a little pressure on her shoulders, mo question. >> reporter: i'll say. >> thank you very much. >>> still to come, a mean prank that's become a heartwarming story. how one town is rallying around a high schooler named to her homecoming court as a joke, but first this is "today" on n . >>> just ahead, president obama on education and what he was like as a student. >> and "ask away today," your questions answered by sav
. >> for those folks that have severe deficit that maybe aren't able to stand or tolerate a lot of activity, they, too, can participate. >> and in case you're wondering, no, you can't cheat the system. >> it's pretty sensitive so if you don't have exact proper technique, it's not gonna give you credit. and, of course, it's not your average game console. the $20,000 system includes a camera, projector, green screen room that puts the patient in the middle of the scene. >>> if you're looking for a doctor approved justification for your chocolate fix, listen up. researchers in canada say eating some of the sweet stuff can make you smarter. scientists started out skeptical but found the flavinoids helped snails remember a simple activity in a lab experiment. it's unclear if chocolate has the same effect in humans but the recent findings add to a growing body of evidence that chocolate may soon be considered a super food. i didn't know snails needed to remember stuff. >>> but the government may not okay massive amounts of chocolate just yet. military officials are calling america's problem with obesit
be looking at simpson bowles, deficit reduction and fix it. i mention there's a tax credit for sending a kid to college. that would be something that would disappear as well. pooug research saying one in five households, a record one in five households owed tune debt in 2010. in that year 19% of households held student debt. that's a significant jump from just 15% of households in 2007 before the recession. the average student debt, so for a family that has student debt, the average debt is more than $26,000, triple what it was in 1 1989. your incomes aren't budging. you can't borrow tens of thousands of dollars against your house anymore. a lot of people ask me, how am i supposed to be able to send a kid to college? a piece of advice i got from a financial guru. save a third. you need to be saving a third of the college. a third should be loans. only a third should be loans or you will never get out of it. the other third should be grants, scholarships and the kid has to pay. aim to save for a third or you'll shall hurting your chances and the kids chans. >> let the kids save some of the mo
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